Wednesday , 8 April 2020
Breaking News

Real Estate

Real estate to take a dip this festive season

The ongoing Covid-19 virus mayhem and concerns over the global economy are likely to curtail a number of residential project launches across the country during the upcoming festive season of Gudi Padwa, Ugadi and Akshaya Tritiya, which usually sees several new launches. Developers are keen to focus on executing their ongoing projects rather than adding new inventory as they continue to ... Read More »

Ask Eli: Impact of Coronavirus on the Real Estate Market

Question: How will the threat of Coronavirus impact the real estate market in 2020? Answer: I wasn’t planning to write this, it seems a little click-baity (now my “Trump’s Impact on Real Estate” column has some competition!), but I got the question four different times in under 24 hours last week so here I am writing about it. Too Early To Know ... Read More »

Coronavirus Impact On Real Estate Companies In Asia — So Far

The COVID-19 (coronavirus) epidemic that started in China in late 2019 continues to spread around the world.  The latest figures as of February 28 show more than 83,000 reported cases of the coronavirus in at least 53 countries, with more than 2,800 deaths globally. The death toll has surpassed the 2002 SARS epidemic. As global health officials scramble to get ... Read More »

Godrej’s bold real estate bet in Mumbai — a swank project at steep prices in the suburbs

As a long-time witness to scores of real estate projects in Mumbai over the years, I have reduced the number of visits to new projects. Part of the reason is that there is hardly anything new to choose from because of the sharp reduction in launches. More importantly, today almost all projects look the same in Mumbai. Yet, I was ... Read More »

Can you bet on real estate stocks?

The contraction in consumer demand has affected almost all industries in the last couple of quarters, but the real estate sector has been the worst affected. The ongoing slump in the aftermath of demonetisation and the implementation of Real Estate (Regulation and Development) Act (RERA) has been further exacerbated due to economic slowdown and muted consumer demand. The risk associated ... Read More »

Top 5 Real Estate Trends for 2020

2019 has been a strong year for Indian real estate, with many milestones like the first REIT launched in March, the continued rise of exciting new sectors like co-working and managed offices, and consolidation of the market into a more structured, transparent investment space after a transition period in the wake of RERA. Not only return from real estate outperforming ... Read More »

PE investment in real estate up 3 pc at Rs 43,704 cr during 2019: Report

Warehousing witnessed Rs 3,810 crore worth investment in 2019 as compared with Rs 2,870 crore in the previous year. Private equity (PE) investment in the real estate sector rose 3 per cent to Rs 43,704 crore during the last calendar year on increased interest of foreign investors in commercial properties, property consultant Cushman & Wakefield said on Thursday. According to ... Read More »

UBS reportedly racing to curb outflows at landmark real estate fund

UBS is reportedly racing to stanch outflows at its landmark $20 billion real-estate fund amid worries about its retail holdings and extended underperformance. Investors are standing by to withdraw some $7 billion from the UBS Trumbull Property Fund as a growing number move away from more cautious funds, a person familiar with the matter told the Wall Street Journal. Hoping to ... Read More »

Insolvency process to be limited to real estate project concerned, not other group projects of developers: NCLAT

New Delhi: In a relief to realty players, the National Company Law Appellate Tribunal (NCLAT) has held that any insolvency process initiated by a flat buyer or financial institution would be limited to the project concerned only and not impact other projects of developers. An NCLAT bench headed by Chairman Justice SJ Mukhopadhaya said that the entire insolvency process initiated over ... Read More »

Three capitals only for real estate business: Andhra BJP chief Kanna Lakshminarayana

VIZIANAGARAM: BJP State chief Kanna Lakshminarayana on Sunday said the government was establishing three capitals only for supporting real estate business. Speaking to reporters here, he said that no development would take place in north coastal Andhra Pradesh even after the Secretariat comes up in Visakhapatnam. “The previous TDP government indulged in a land scam in Amaravati in a big ... Read More »